GP14 DeFi Rewards (TDR) Proposal - CompX

I don’t believe CompX was going to incentivize the simple holding of cAlgo going into Gov period 14. This may be referring to injecting these Algos into the node which would increase the value of cAlgo as if consensus rewards are being accrued. Since we don’t know when consensus rewards will actually...

GP13 DeFi Rewards (TDR) Proposal - CompX

We agree on a lot, but I see the stable pool as being absolutely mission critical to the proper functioning of xUSD. Stability hinges more on this pool than any other. xUSD staking in the current manner is only tangentially related to stability, even though overall it’s a worthwhile endeavor. If anyt...

xGov-197 - CompX - xUSD -> COMPX Staking

Deposited yesterday and its humming along. Thanks for all the hard work, great to see it up and running.

CompX - xUSD Interest Rates - Discussion

The raising of the interest rate doesn’t need to be just a penalty for vault owners, it can also be a reward. Think of a portion of the interest that’s being paid out getting added to the xUSD staking pool, so that would be an holding incentive as well. Now it’s not just trying to scare vault owners...

GP12 DeFi Rewards (TDR) Proposal - CompX

The only additional thought would be to elevate to the xUSD/USDC pool, this is actually doing work for the protocol by deepening liquidity. Staking xUSD improves the peg for sure, but the only thing it’s incentivizing is HOLDING xUSD, which isn’t as useful as providing liquidity. We don’t want holdi...

CompX - xUSD Interest Rates - Discussion

+1 for lobo here. We need something quite more granular than 30 days to monitor the peg. Algofi used a rotating 24 hour window. If it remained greater than 1% below peg 0.5% would be added to the interest rate and vice versa if it was above the peg. Rinse and repeat. That’s not to say it’s the “right...